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  • The concept of risks statistical estimation for involvement of financial institutes clients into money laundering schemes

The concept of risks statistical estimation for involvement of financial institutes clients into money laundering schemes

TERRA ECONOMICUS, , Vol. 10 (no. 4.1),
p. 30-36

The paper regards the theoretical approach to risk estimation of financial institutes related to their clients. Chances to get involved in illegal activities such as money laundry and/or lose money in financial scams are connected to both financial literacy and risk attitudes. Looking into these characteristics one can profile people according to their risk and financial literacy profile.

Keywords: financial literacy; attitudes to risk and money; crime

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Publisher: Southern Federal University
Founder: Southern Federal University
ISSN: 2073-6606